EURJPY 30m was downtrending and had the best look of the Yen pairs so I focused entirely on it. 3m shows 3 trades were taken in about an hour. Trade 1 was an attempt to short as high in the box as possible. The wick bars to the left told me it could turn from there. The entry was taken while the 30m 5pm bar still had 15 mins left (circled). It drifted against me indicating it was testing the top of the box so I cut it at -3.
Trade 2 was for the same tst setup, a slightly better entry and after it showed sellers were taking control. It was on the 2nd 30m white bar and the 3m structure shows 2 legs up to the top of the box. I was concerned by the 12 minute stall so I scratched.
Trade 3. The 25 tick showed 3 legs up testing the last 3m LH so I was confident a re-entry could work. It was the last attempt if the 30m downtrend really wanted to continue. It became a runner, but a small one. P1 took +4 and I would've let P2 run, but I could already see 2 legs down on 3m. I exited P2 at a +7 tgt. The read was correct as that proved to be the 3rd push failing just shy of the bottom of the box.
Summary: 2W, 1L for +3.5 pips overall.
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